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Rangers released a statement this afternoon confirming Murty's extended deal and saying the directors "believe Graeme has demonstrated he is capable of handling this task successfully and are confident the players will continue to respond to his leadership in a positive manner."

Director of Football Mark Allen confirmed Murty will now have the final say in the club's January transfer window dealings as the Ibrox men look to close the gap on Celtic.

Graeme Murty is unveiled as Rangers manager until the end of the season (Image: SNS)

And, on that front, the club also confirmed today that full back Declan John had made his loan move from Cardiff permanent after signing a three-and-a-half year deal.

And Murty said: “It is a genuine privilege for me to be made manager until the end of the season.

(Image: PA Wire)

"It’s a huge honour to be asked to do so and I will continue to give everything I have to ensure we have a positive second half of the campaign. There is still so much to play for and we cannot let our fans down.

“They have been incredible. They have given me so much great support during my two spells in the dugout and I would like to thank everyone for their backing.

"I would also like to thank the board for showing faith in me and I will work tirelessly with the players and coaching staff in order to improve our league position and be successful in the Scottish Cup.”

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Rangers Managing Director Stewart Robertson added: “Graeme has shown he has the qualities and desire to take charge of the first-team and he will have full control of first-team affairs between now and the end of the season.

"He has a first-class attitude and has secured favourable results against our nearest rivals in recent weeks. He deserves this chance to make an impact in the second half of 2017/18.”

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